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Dec 6, 2012
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as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some move between republicans, cobur
as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the...
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Dec 9, 2012
12/12
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tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this january 1 monetary nuclear bomb. are we going over the cliff, patrick? >> i think i believe we may not be going over the cliff
tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount...
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Nov 18, 2012
11/12
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i will sign up for clinton era income-tax rates it obama commits to clinton era spending levels. >> you cannot repeal of the aging of the population. million americans become eligible for medicare and social security in the coming years. it is not something you can ignore. part of governing is recognizing those basic realities. the level of spending projected in the president's budget is one example. the modest spending outside of its adamant rhetoric -- relative to the share of gdp. in the president's budget, the level of spending for non- defense discretionary spending, those levels are very low. the share of the economy relative to clinton. we think we have laid out a sensible balance in this context which shows significant restraint where you need to show it. but still recognizes that we cannot ignore the fact that we have millions of americans retiring. >> why should we believe an administration that has ballooned the deficit attacked it with any vigor? >> the people who say that miss some basic realities of what drives our deficit. it is to the deficits have gone up. it has gone u
i will sign up for clinton era income-tax rates it obama commits to clinton era spending levels. >> you cannot repeal of the aging of the population. million americans become eligible for medicare and social security in the coming years. it is not something you can ignore. part of governing is recognizing those basic realities. the level of spending projected in the president's budget is one example. the modest spending outside of its adamant rhetoric -- relative to the share of gdp. in...
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Dec 1, 2012
12/12
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should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is insulting. i am not going to deal with you. >> the top 2% since 1986. >> they can't say the republicans holding out on the top 2%. >> the republicans want spending cuts. republicans realize -- >> they offer, i think obama is offering $500 million -- [ overtalk ] >> dana: critical count -- >> eric: the democrats realize that they have to touch spending if they want the 2%. >> brian: i want the power to raise the debt ceiling without asking you. >> dana: triple count cuts that were made. to get credit. wants to get credit for cutting things that were already cut in the past. his budget could not get a single v
should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is...
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Dec 27, 2012
12/12
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especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid that people who are looking for a deal and looking for a deal by december 31, all hope is not lost. it is not looking good at the moment. >> let's go back to this hitting the debt ceiling on monday. we learned of this because treasury secretary tim good night mother sent a letter to the honorable harry reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, thre
especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid...
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Dec 2, 2012
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but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no surprise. the republicans are asking shocked that the president is taking a tough line. i think they expect him to roll over and play dead. that is not the way things work in this town. he won the election. and he told the american people we were going to raise the rates on the top income earners. now that is what he is trying to do. i think there is some give here. i don't think it has to go up to 39.6. right now it's 35. maybe it goes up a point or two. listen, republicans need time to sort through all of this. there will be a short-term agreement. there will be a down payment with some increased taxes. some increa
but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no...
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Jul 18, 2012
07/12
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are prepared to let all the bush-obama tax cuts expire at the end of the year. most believe that will lead to a recession. if you listen to senator murray it sounds like democrats aren't prepared to compromise, but is the white house on board? treasury secretary geithner surprised me this morning in our interview. please take a listen to the exchange. when was the last time you met with speaker boehner to talk about possible compromises? >> i think the last time i spoke to him was several weeks ago when i went to talk to them about europe. i do have to talk to everybody relevant about the decisions. they said, if you listen carefully there is a lot of foundation laying under way in the senate and particular to explore what's going to work. >> i think that's interesting. let's turn to the senate. joining us, wisconsin republican senator ron johnson. he co-authored this op-ed today. welcome back to "the kudlow report." let me get your response to what you heard from secretary geithner in the interview this morning. he said the foundation being laid in the senate.
are prepared to let all the bush-obama tax cuts expire at the end of the year. most believe that will lead to a recession. if you listen to senator murray it sounds like democrats aren't prepared to compromise, but is the white house on board? treasury secretary geithner surprised me this morning in our interview. please take a listen to the exchange. when was the last time you met with speaker boehner to talk about possible compromises? >> i think the last time i spoke to him was several...
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Jul 28, 2012
07/12
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the rate of growth in the economy this year and it's prep tepid. a healthy growth rate is between 2% and 4%. and in the recession it's the number is negative. 1.5% is not a disaster but it's weak and worse yet things do not look like they're going to speed up any time soon. you can plain it on anything, the local economy has been sluggish. we're on and jobs moving overseas and any president may not be able to bring things along very quickly. the 1.5% growth figure means less jobs, and life it harder for a lot of americans. when life is hard, you take it out on whoever is in charge. if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now. >> eliot: earlier this week treasury secretary timothy geithner as well as democrats in it seem like geithner had done everything he could while at the new york fed to curb libor manipulation. but as we continue to find out that is not the case. in
the rate of growth in the economy this year and it's prep tepid. a healthy growth rate is between 2% and 4%. and in the recession it's the number is negative. 1.5% is not a disaster but it's weak and worse yet things do not look like they're going to speed up any time soon. you can plain it on anything, the local economy has been sluggish. we're on and jobs moving overseas and any president may not be able to bring things along very quickly. the 1.5% growth figure means less jobs, and life it...
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Nov 30, 2012
11/12
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FBC
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did a number of things that make it seem that way, i might consider raising taxes not up to clinton rate, i might look at spending issues now. >> he will want to raise taxes, but he will consider looking at some spending cuts, but not deep enough to where it will matter. neil: overture? we -- this is not announced but just rumors, we might not have to go back up to highest clinton rate, we could split the difference. >> i just don't see with him holding so much, i do not see -- i think it is inevitable we might either fall off the cliff or it will be up until the deadline. neil: you know the value by the way, in bringing more republicans under your cabinet? is that you not only think about your legacy, you really are trying to move the ball forward. you start putting republicans to your cabinet or those uniquely skilled to do etch and everything in your cabinet, we know what happens when you don't have the right people. >> what is best for this country is what matters the most, i have to say, i believe that they met today just to get it over and done with with what they said they would g
did a number of things that make it seem that way, i might consider raising taxes not up to clinton rate, i might look at spending issues now. >> he will want to raise taxes, but he will consider looking at some spending cuts, but not deep enough to where it will matter. neil: overture? we -- this is not announced but just rumors, we might not have to go back up to highest clinton rate, we could split the difference. >> i just don't see with him holding so much, i do not see -- i...
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Dec 3, 2012
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i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and repub
i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear....
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Jul 26, 2012
07/12
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that will pass and you'll have the exiting stalemate, the president obama position of extending them for the middle class, versus the republican position. one thing that is important that senate democrats managed to do and they gave voice to this was delinking the middle class tax cuts from those from the wellie. the senate has the votes to say they don't all have to go together. you don't have to have tax extensions for the wealth tow get the middle class tax cuts. we've shown we have the votes to separate them and president obama loves that. >> ifill: two big issues which as you point out are going to play out throughout the entire election. todd zwillich, wnyc, julie officerrener of npr, thank you both very much. >> you're welcome. >> woodruff: finally tonight, the school boy stowaway who slipped on to a jet in england and ended up in italy. ciaran kieran jenkins of independent television news tells the story. >> reporter: liam corcoran flew jet 2 to rome yesterday afternoon, and nobodynew he was there, which is surprising given that liam is 11 years old and had no money, no passp
that will pass and you'll have the exiting stalemate, the president obama position of extending them for the middle class, versus the republican position. one thing that is important that senate democrats managed to do and they gave voice to this was delinking the middle class tax cuts from those from the wellie. the senate has the votes to say they don't all have to go together. you don't have to have tax extensions for the wealth tow get the middle class tax cuts. we've shown we have the...
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Aug 9, 2012
08/12
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all he says is he is against obama. whatever obama has done, it hasn't worked. as far as tax policy, that is the only detailed romney has given and it is very minimal. he says he wants to reduce the tax rate to 20%. if you reduce the tax rates to 20% when you have trillions and trillions of dollars of deficit and you are borrowing money from china and other places to pay your bills each month, where is the money going to come from if i am reducing everybody's tax rates? it does not make sense. it is a mathematical problem. we need a balanced budget and we need more revenue coming in -- both. neither party wants to work with each other. host: one last call. gilbert, a republican from here in washington, d.c. caller: hello. and this stuff about mitt romney's tax returns for being president is sort of nonsensical. the united states court -- constitution and article 1, -- article 2, section 1, clause 5 -- it states the conditions for being president. you must be a natural born citizen, at least 35 years old, and reside in the u.s. for 14 years. some people have argu
all he says is he is against obama. whatever obama has done, it hasn't worked. as far as tax policy, that is the only detailed romney has given and it is very minimal. he says he wants to reduce the tax rate to 20%. if you reduce the tax rates to 20% when you have trillions and trillions of dollars of deficit and you are borrowing money from china and other places to pay your bills each month, where is the money going to come from if i am reducing everybody's tax rates? it does not make sense....
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Mar 3, 2012
03/12
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because it's now the new liberal economic consensus that higher tax rates don't matter. i think there's a good chance that obama lets all these bush tax cuts expire in december 2012 and takes his chances after that. >> let me take the congressman out on a simple point here. i mean, i think we can have a debate about the bush tax cuts, and i think the jury is out. the data is, in fact, not that strong that if you were to let them to expire, that it would shave a couple of points off gdp. that's a fair debate. i think the jury is very out now, and i don't think the evidence is strong. >> you say don't have any evidence. cbo, goldman sachs, every bank. i have all kinds of evidence. >> jimmy, you might learn something if you let other people talk instead of shouting at others. >> i'm not making it up. >> i think that there's overwhelming evidence that if you have sequestration of 1.2 trillion dollars next january, that that will definitely -- >> first off, you have a math problem. >> okay, first off, larry -- larry, we're right there. it's over ten years. i mean, you got a m
because it's now the new liberal economic consensus that higher tax rates don't matter. i think there's a good chance that obama lets all these bush tax cuts expire in december 2012 and takes his chances after that. >> let me take the congressman out on a simple point here. i mean, i think we can have a debate about the bush tax cuts, and i think the jury is out. the data is, in fact, not that strong that if you were to let them to expire, that it would shave a couple of points off gdp....
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Dec 6, 2012
12/12
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president obama held onto the top spot for the second straight year. the pope climbed two notches from last year and landed in fifth place. facebook ceo mark zuckerberg tumbled from the top ten all the way to number 25. former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance boasts top notes of freshly baked hand tossed dough. pepper reason ri? >> new york mayor cory booker lives on food stamps. >>> the nfl steps up with $1 million for jovan belcher's daughter. >>> high res images from space. it allows images of city lights, gas flares, aur rar ras, to be seen by the naked eye. >>> stories making news across america on this thursday. in washington state, a 35 year relationship was officially legitimized. as the clock struck 12:00 out west, they
president obama held onto the top spot for the second straight year. the pope climbed two notches from last year and landed in fifth place. facebook ceo mark zuckerberg tumbled from the top ten all the way to number 25. former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut...
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Dec 5, 2012
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. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the point where we go over the cliff because of those higher tax rate pateryers, guys. >> all right, eamon. thank you. >> the talk continues, but none of it face to face. be sure to catch a liv
. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer...
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threatening to block any bill that would extend the bush tax rates across the board is determined to raise taxes for top earning americans. all right so the number one issue for the upcoming election is the economy that's understandable with unofficial official unemployment at eight point two percent the u. six or real unemployment at fourteen point eight percent millions of people have lost their homes are underwater in their mortgages and more than forty nine million people that are living in poverty and millions more just above that line wealth is also being increasingly concentrated at the top the middle class is shrinking and that's not going to change unless we drastically change our system some kind of thing that the mainstream media does that usually like to talk about when they are obsessive we covering the president's call to end tax cuts on the highest earners or push congress on a jobs bill again it's a little too comprehensive for them i guess what we're finding just obsessively cover the campaign trail they've got a sound bite from every day that you can play over and o
threatening to block any bill that would extend the bush tax rates across the board is determined to raise taxes for top earning americans. all right so the number one issue for the upcoming election is the economy that's understandable with unofficial official unemployment at eight point two percent the u. six or real unemployment at fourteen point eight percent millions of people have lost their homes are underwater in their mortgages and more than forty nine million people that are living in...
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Dec 1, 2012
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increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think you are being fair in one sense. the republicans said to the chagrin of a lot of conservatives that revenue is on the table. obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and s
increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think...
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May 23, 2012
05/12
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on all of the ratings he is way ahead of obama on that score. what independents are going to make their decision on and they will make it in october or early november, they will wait until the last minute. what they will make their decision on is how is the economy for me right now? that's -- that's how they will make their decision. that's their number one concern. they do care about deficits. it's right up there. definitely more than democrats about deficit. >> i have to give karl the last word here. when i hear they don't know the difference between the two, i tend to think you should study up a little bit. >> yeah cutely but at the end of the day what people will vote on is the future of the country, and people don't want to go back to george w. bush. romney's advisors said his economic policies would be george bush on steroids. that should be enough to win them over. >> all right. thank you both very much. i really appreciate it. when we come back kristin bower is from true blood, but she thinks the real vampires are the oil companies tryin
on all of the ratings he is way ahead of obama on that score. what independents are going to make their decision on and they will make it in october or early november, they will wait until the last minute. what they will make their decision on is how is the economy for me right now? that's -- that's how they will make their decision. that's their number one concern. they do care about deficits. it's right up there. definitely more than democrats about deficit. >> i have to give karl the...
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Nov 29, 2012
11/12
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that's what they're going to be worried about. >> that even goes to obama's terminology yesterday. he talked about presenting a framework by chris mall. framework, all that means is, listen, we've got to plan, we can modify it, tweak it -- the market will not want that. >> the market will move very quickly if they perceive it is not substance. remember it's two parts -- soon and substance. >> thank you very much. >>> to the nasdaq right now, bertha coombs is there following the big movers. >> over the last couple of days the nasdaq has managed to move into positive territory for the month of november, back above 3,000. today one of the biggest movers is research in motion getting an upgrade at goldman sachs. one of the firms that sees them perhaps getting some traction with the blackberry 10 rollout in 2013. apple up today as well, up more than 1%. look what's happened this month. nasdaq composite has moved up without the help of apple. apple on track for the third straight monthly loss. what's really made the difference here? games. cisco, some of the big caps like cisco, gilead,
that's what they're going to be worried about. >> that even goes to obama's terminology yesterday. he talked about presenting a framework by chris mall. framework, all that means is, listen, we've got to plan, we can modify it, tweak it -- the market will not want that. >> the market will move very quickly if they perceive it is not substance. remember it's two parts -- soon and substance. >> thank you very much. >>> to the nasdaq right now, bertha coombs is there...
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Sep 12, 2012
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act now or they will lose the credit rating. it plans to downgrade the u.s. if a debt can't be reached by year's end. it comes a year after the rival. >> after months of speculation they are expected to announce the iphone 5 today. you are looking at the invite to the event in san francisco. a new four inch sis play. >> a tribute in lights. remembering the terror attacks and the nearly 3,000 people who died. they signify of course the two fallen towers. they will shine until sunrise at 6:34 am eastern time this morning. that is your 5@5:00. >>> the white house now dealing with another diplomatic dust up with israel. just a week after the dnc failed to include the jerusalem was in the platform. there's reports president obama turned down a request from the prime minister to meet here in the u.s. peter doocy is live for us in washington with more on that story. >>> good morning, peter. >> good morning, heather. we got word from the white house president obama and prime minister netanyahu did talk on the phone last night for an hou
act now or they will lose the credit rating. it plans to downgrade the u.s. if a debt can't be reached by year's end. it comes a year after the rival. >> after months of speculation they are expected to announce the iphone 5 today. you are looking at the invite to the event in san francisco. a new four inch sis play. >> a tribute in lights. remembering the terror attacks and the nearly 3,000 people who died. they signify of course the two fallen towers. they will shine until sunrise...
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Dec 26, 2012
12/12
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. >>> first president obama cutting vacation short to deal with the dreaded fiscal cliff. with just six days until the deadline, some lawmakers say it might be too late. and that's next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. from the president cutting his holiday vacation in hawaii short to get back to work on avoiding the fiscal cliff. the white house says the president is set to return to the nation's capital tomorrow morning to try to hammer out a deal where lawmakers on stopping automatic tax hikes and deep spending cuts from kicking in, which is set to happen, if you're not watching the calendar, six days from now. if they don't reach a deal many say it could send the country right back into recession. ed hen
. >>> first president obama cutting vacation short to deal with the dreaded fiscal cliff. with just six days until the deadline, some lawmakers say it might be too late. and that's next. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again?...
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Dec 6, 2012
12/12
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MSNBCW
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the same poll gave president obama his highest approval rating in three years, with 53% support. in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recessed this week. >> always a reason, my friend. the fact that tim geithner came out and said, we will go over this cli
the same poll gave president obama his highest approval rating in three years, with 53% support. in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end?...
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Nov 14, 2012
11/12
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CSPAN2
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and we as republicans in the house were able to stop the obama agenda for to use. and what you saw with the drop with the unemployment rate of 2%, and i think we should've made a more robust argument for saying that our policies are working and their policies did not work. >> let me make two quick points. step back first. the way this place always works is washington creates the price and then tries to take some credit for solving or avoiding it. this is a crisis that we agree with legislation that was passed. second, this is right on target. mr. president, show us the plan. let's see what you're for. she was which your plan is to do with the defensive question and to do with the tax increases that are coming. as to the revenue, look, i think tom is right on target. the real solution to this crisis is the debt problem and the fact that we don't have economic growth. so that's what we've got to focus on. so it is long-term revenue that results in economic growth, that's fine. it is revenue its cord that comes year and increases the tax burden, i think that's a real
and we as republicans in the house were able to stop the obama agenda for to use. and what you saw with the drop with the unemployment rate of 2%, and i think we should've made a more robust argument for saying that our policies are working and their policies did not work. >> let me make two quick points. step back first. the way this place always works is washington creates the price and then tries to take some credit for solving or avoiding it. this is a crisis that we agree with...
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Feb 16, 2012
02/12
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CSPAN3
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when does the obama budget balance? >> it doesn't balance for the next ten years. >> does it balance in the next 20 years. does its balance in the next 75 years? >> it depends on what choices the congress makes. >> in your budget, when does it balance. you're right, we don't achieve balance in ten years, and we don't know how to do that. >> the answer is never does it balance. one thing i want to talk about, though, a lot of times we hear a lot of the information from you, mr. secretary about what it's going to do to the economy if we do the following initiatives and if we don't, tomorrow will be the third anniversary of what you and the administration projected would be the economic salvation of this country, that would be the passage of the stimulus package. and i wonder if we could put a chart up to see what the results have been from that package. if you look at that chart, and again, this is the prediction from your office, from your president, as to what would happen if he passed this -- >> when you find out the e
when does the obama budget balance? >> it doesn't balance for the next ten years. >> does it balance in the next 20 years. does its balance in the next 75 years? >> it depends on what choices the congress makes. >> in your budget, when does it balance. you're right, we don't achieve balance in ten years, and we don't know how to do that. >> the answer is never does it balance. one thing i want to talk about, though, a lot of times we hear a lot of the information...
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Feb 19, 2012
02/12
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CSPAN
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the obama jobs deficit is 5.4 million jobs. i know you have many proposals in the budget that would hopefully tackle the bad economic policy, but could you tell me which tax increases you are proposing that will help eliminate the obama jobs deficit. which ones will create new jobs for americans? >> let me refer you to the cbo analysis, john mccain's economic adviser for the economic recovery act. they both agree the recovery act helped substantially in restoring growth to the economy and saved millions of jobs. >> these are your numbers. they are not mine. i was not appear and we can blame everybody in this room. could you explain which tax increases will close the obama jobs cap? we were promised an additional 5.4 million jobs that did not appear. out of your 1.9 trillion dollars in tax increases, which ones will put 5.4 million americans back to work? >> i want to dispel you of the illusions your presentation. >> this is your number, not mine. >> this came from the administration. >> the right question is -- these are your n
the obama jobs deficit is 5.4 million jobs. i know you have many proposals in the budget that would hopefully tackle the bad economic policy, but could you tell me which tax increases you are proposing that will help eliminate the obama jobs deficit. which ones will create new jobs for americans? >> let me refer you to the cbo analysis, john mccain's economic adviser for the economic recovery act. they both agree the recovery act helped substantially in restoring growth to the economy and...
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rates as someone like warren buffett. that's the hard-line. we will see. i will say this, one thing about president obama. listen i report the news. i came out here on your shows last week, i told you he was going to win. liz: yeah. >> i cover this like baseball. personally i will tell you that people who know president obama will tell you he was the least economically interested president that they have seen in a long time, when he had those -- he had that growth commission, jeff immelt, the ge ceo headed, those meetings weren't exactly like, you know, great. liz: that's what i'm hearing. >> he read off the telepromptee -- no offense by the way. liz: i'm offended. [laughter] >> anyway -- who knows. liz: charlie, thank you. >> he may have seen the light, legacy issues, let's deal with it. liz: charlie thank you very much. it's been a huge week on countdown to the closing bell. here are are just a few of the movers and shakers who joined us. take a look. >> we keep millions and millions of gallons in storage, in either pip
rates as someone like warren buffett. that's the hard-line. we will see. i will say this, one thing about president obama. listen i report the news. i came out here on your shows last week, i told you he was going to win. liz: yeah. >> i cover this like baseball. personally i will tell you that people who know president obama will tell you he was the least economically interested president that they have seen in a long time, when he had those -- he had that growth commission, jeff immelt,...
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Sep 29, 2012
09/12
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FBC
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neil: as you know, president obama is leading in a lot of national polls. there are some new numbers showing his approval rating today is exactly what it was two years ago. the midterm elections, the democrats losing the house, six seats in the senate. charles payne, lori rothman come on whether this could be the repeat we are looking at. >> it could be. you are absolutely right. i am just not sure. that's a bad thing. they were out in the streets. they were out in the grass and making noise. people were understanding. somehow, we have fallen asleep since then. the tea party became a political party, which was a huge mistake. despite all the terrible economic news we have gone this weekend, really, it is a deafening silence on main street. >> did you see honey boo boo leiby sister? >> i did not. neil: that was then and this is the presidential approval now. it's a very different world. >> unfortunately, it has been since that data point that we are comparing that to. two additional years of lackluster growth, frustrating unemployment and people have gotten
neil: as you know, president obama is leading in a lot of national polls. there are some new numbers showing his approval rating today is exactly what it was two years ago. the midterm elections, the democrats losing the house, six seats in the senate. charles payne, lori rothman come on whether this could be the repeat we are looking at. >> it could be. you are absolutely right. i am just not sure. that's a bad thing. they were out in the streets. they were out in the grass and making...
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Dec 28, 2012
12/12
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FOXNEWSW
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so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all the cards. >> all right. charles, let me agree with one point. you use the term, and i will concede that's the perfect term, ruthless skill. but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and things don't go well for the country, doesn't the president have to worry about that legacy of his? >> i agree with you entirely. i have argued
so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks...
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Jul 11, 2012
07/12
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CURRENT
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and obama says it's the middle class that creates the job that creates the economy. let me show you this graph. first of all tax rates from -- i believe this was 1945 to present day. 94% in 1945. do you see that? okay. now we're at 35%. how about capital gains rate? used to be at 25%, now it's at 15%. so these are near historic lows. this is call fact. republicans should look into it. so now, nonetheless they say, okay, look if we have low taxes that's going to create an economy that is bombing. let's let john boehner make the case. >> on this month the house will vote to stop the coming tax hike to make sure small business owners have some certainty about what the tax rate is going to be, and hopefully we can begin to unleash them so they can do what they do best, grow businesses and expand their jobs. >> i have heard it for the last 30 years from the republicans. if you lower taxes the economy does better. oh, really? let's look at the numbers here. this is taxes from 1950 on. the different rates that we had. reagan had between 28 and 31% and then you see 35% which
and obama says it's the middle class that creates the job that creates the economy. let me show you this graph. first of all tax rates from -- i believe this was 1945 to present day. 94% in 1945. do you see that? okay. now we're at 35%. how about capital gains rate? used to be at 25%, now it's at 15%. so these are near historic lows. this is call fact. republicans should look into it. so now, nonetheless they say, okay, look if we have low taxes that's going to create an economy that is...
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Jun 14, 2012
06/12
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CSPAN3
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keep the student loan interest rate low. politically it would seem that the student loan issue would win out if you had to pick. i think that some -- harry reid particularly is trying to say he doesn't want to pick. he would like to pay for both of them. it's not clear to me that the republicans are going to follow through. >> thank you. >>> and a few live programming notes on c-span. more to come from a faith and freedom coalition conference here in washington, d.c. that is live on c-span they're in a short break now. the senate is taking a vote and they're taking a lunch break because senators rob portman and marco rubio are among the speakers. both have been listed as possible running mates of republican presidential candidate mitt romney. on c-span we are also planning live coverage of remarks from president obama. he'll be at a community college in cleveland speaking on the economy. contrasting his vision with that of republican challenger mitt romney. that's scheduled to get underway at about 1:45 p.m. eastern. and yes
keep the student loan interest rate low. politically it would seem that the student loan issue would win out if you had to pick. i think that some -- harry reid particularly is trying to say he doesn't want to pick. he would like to pay for both of them. it's not clear to me that the republicans are going to follow through. >> thank you. >>> and a few live programming notes on c-span. more to come from a faith and freedom coalition conference here in washington, d.c. that is live...
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his mandate yet the approval ratings show voters are even more turned off with the alternatives leaving obama seemingly the lesser of two evils america's president clearly enters the twenty twelve race amid a growing band of disillusioned democrats most will still back barack obama over his republican rivals arguably with heavy hearts in two thousand and eight he was the unassailable candidate of choice this time mr obama is likely to stay in my default arena. new york. and while volunteers abandon ship on the president obama the u.s. is now on board with negotiating with the taliban the ones hard line do or die front president george w. bush put up is softening and to the realistic need to end the war with afghanistan but as our correspondent lives while reports this new approach could actually be a major victory for the taliban. though sharing with the taliban something the u.s. under president bush vowed never to do some seem to believe that we shouldn't go with the terrorists and radicals. as if some ingenious argument. well persuade them they have been wrong all along. we've heard
his mandate yet the approval ratings show voters are even more turned off with the alternatives leaving obama seemingly the lesser of two evils america's president clearly enters the twenty twelve race amid a growing band of disillusioned democrats most will still back barack obama over his republican rivals arguably with heavy hearts in two thousand and eight he was the unassailable candidate of choice this time mr obama is likely to stay in my default arena. new york. and while volunteers...
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Apr 25, 2012
04/12
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CNBC
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not go back to some sort of nostalgia of the 195 0z, tax rates 90%, some of obama's economic advisers want them to go back too. >> kieelly, you were tough on romney. does this election, which this election revolve around the obama economics story or a referendum on mitt romney and his policies? which will it be? >> a referendum on the current president. every re-election campaign, even member on member primaries are referendums on the incumbency. the reason it's a referendum and not a choice, it's a re-election. the classic question ronald reagan asked, are you better off now than four years ago is what people are asking this time. >> that's what mitt romney is asking this time. people are not stupid, which borrows from bill clinton. >> that was the best speech mitt romney has given of the cycle in my view. not just the apple and google economy according to mitt romney. really mom and pop. very populist and also something that neither he he narrow becama has been in months, optimistic and forward looking. >> he was very aspirational. one of the interesting things. very optimistic. he
not go back to some sort of nostalgia of the 195 0z, tax rates 90%, some of obama's economic advisers want them to go back too. >> kieelly, you were tough on romney. does this election, which this election revolve around the obama economics story or a referendum on mitt romney and his policies? which will it be? >> a referendum on the current president. every re-election campaign, even member on member primaries are referendums on the incumbency. the reason it's a referendum and not...
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Jul 23, 2012
07/12
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i have never heard barack obama say government is the key to this. if you want to talk about tax rates we had a 35% tax rate under clinton and a produced 22 million jobs. we lost millions and ended up with a huge financial collapse. i think people are pragmatic, not ideological and that's how they will make their judgment. >> dick armey, i will give you the final word. >> you can go back to franklin delano roosevelt as secretary of treasury. >> he was great. >> every person who had the responsibility to make it work has said cut taxes, especially reduce the penalty to investment and success and you will grow the economy and everybody who's tried it -- >> what happened under clinton, dick? 22 million new jobs -- >> i see. i see. i thought you said -- >> okay. >> i will do this again. terrific stuff. clinton and gingrich cut the capital gains tack. thank you to bob schrum and dick armey. studies show going over the fiscal cliff will be catastrophic for america. douglas holz-ekin says a deep recession is likely to ensue. we'll be right back. [ male anno
i have never heard barack obama say government is the key to this. if you want to talk about tax rates we had a 35% tax rate under clinton and a produced 22 million jobs. we lost millions and ended up with a huge financial collapse. i think people are pragmatic, not ideological and that's how they will make their judgment. >> dick armey, i will give you the final word. >> you can go back to franklin delano roosevelt as secretary of treasury. >> he was great. >> every...